Legal

Facing a $45.2 billion unfunded liability to their pension fund, Michigan public teachers may have to pay higher pension contributions and delay their retirement.

A pension fund trustee and investment adviser from Idaho who made a $40 million bid to buy a failed ski resort was arrested Wednesday on charges of raiding pension funds he was hired to oversee.

All the lobbyist money in the world cannot trump science - or can it? Who will win the war for a Uniform Fiduciary Standard?

A retirement committee is considering a bill under which all school employees would continue to pay at least 3 percent of salary toward retiree health care.

The South Dakota Legislature acted legally when it trimmed the annual cost-of-living increase for retirees in the state's public pension plan during the recent economic crisis, a state judge ruled Wednesday.

The Detroit News reports that a failed $10 million pension fund loan that led to a businessman's suicide and an international manhunt started with a $100,000 bribe to former Detroit Mayor Kwame Kilpatrick's father.